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Articles from No. 234, June

1947 and All That

The subject of leadership has been studied to death. Entire forests have succumbed to this subject, which inspires volume upon forgettable volume purporting to show its true nature. And to think after all this thinking and writing the conclusions are,...

Seven steps to anxiety-free wine service. BY CHRISTINE ANSBACHERWine knowledge isn't just a social skill any more. It's a powerful tool for today's CEOs, providing leverage in business entertaining. The Wall Street Journal observed that "Wine at business...

EDITORIALIF A STOCK YOU OWNED, during the middle of the night, doubled in price due to some unusual temporary credit arrangement and then fell by the morning to the same price before you went to sleep, have you lost money? Most people who slept through...

CEO CONFIDENCE INDEXTHE CEO CONFIDENCE INDEX STABILIZED in May after enduring a six-month free-fall starting last fall. The Index is currently at 95.8 points, relatively unchanged since April, according to 334 top executives surveyed by Chief Executive...

Public fascination with Cosmos, Consciousness and God is growing, and top management should know what's happening.As human beings, we live in two worlds: material and mental, physical and spiritual, secular and religious, perhaps earthly and heavenly-there...

The Problem with PoliticsConcerns voiced in your brief editorial ["Why Do Some Politician Still Not Get It?", March 2008] are well-founded. Not one of the paltry choices vying for the U.S. presidency has ever sat in a CEO or COO chair, nor dealt with...

Looking to win the race to access the world's most rapidly developing markets? These five factors will offer the edge you need over the next decade. BY ANIL K. GUPTA AND HAIYAN WANGThe rise of emerging markets is rapidly changing the structure of the...

Information begins with facts, which can be assembled to identify trends. Put it all together to derive knowledge. Presenting Chief Executive's INfact.1. Average S&amp;P 500 increase over 30 years when an American model is on the cover of Sports Illustrated's...

Governance gurus weigh in on boardroom brouhaha at the troubled mortgage lender.Just four years ago, Countrywide, and its cofounding CEO, Angelo Mozilo, seemed positively prescient. Quickly seizing on the popularity of adjustable rate mortgages in 2004,...

Xerox CEO Anne Mulcahy has learned a lot about the power of culture. Now she and her team need to show that the turnaround has a second act.The choice for the 2008 Chief Executive of the Year mark several firsts. By her own admission Anne Mulcahy did...

HOW AN INDEPENDENT INSTITUTE CAN IMPROVE THE QUALITY OF HEALTH CARE.Far too much of the care delivered today in American hospitals, clinics, outpatient centers and other settings is not based on solid medical evidence. Estimates are that as much as 30...

A FORTUNE COOKIE SALES PITCH PORTENDS DIRECTIONAL DRIFT. BY JOE QUEENANBusinesses sometimes lose their way. This fact was driven home to me recently when I dined at a Chinese restaurant in New York City. The food was decent enough, but when I opened...

CEO WATCHGeneral Motors' turnaround hit a major pothole when it recently posted a $3.25 billion loss in the first quarter of 2008, reversing a modest $62 million profit during the same penod last year. By contrast, Ford showed a surprise first-quarter...

Should government intervene?is it bailout time? One of the hardest choices is to decide when, if ever, to intervene in private markets. The fast-moving deterioration of credit markets has made that decision more critical than ever, both for high government...

How top-level involvement raises the bar on talent development.Forget capital, strategy, R&amp;D. In today's fastpaced, global economy, the most important criteria for success may well be a robust, active process for identifying, developing and retaining...

The pursuit of being the low-cost producer has been and will continue to be the primary focus of all successful businesses. Over the past few decades, companies have targeted low-cost labor areas, with governments that were willing to sacrifice the environment...